CubeSmart Self Storage

All climate-controlled, ±91,858 NRSF facility converted in 2023
Strong population density with over 85,000 people living in a 3-mile radius and 131,000 people in a 5-mile
More than $200 Million in the residential development pipeline within a 5-mile radius
Limited self-storage supply with 5.03 square feet per capita in a 3-mile radius and 8.35 in a 5-mile radius (according to TractIQ)
Attractive percentage of renters with 73.84% in a 1-mile, 56.98% in a 3-mile, and 53.39% in a 5-mile
Below market rental rates with room to increase by well over 20%
Solar lease pays $57k per year with annual increases of 1.9%.
Approx 11 years remaining on the term
Approx. 60k gross SF that can be further converted

Navigation Menu